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Egypt, Oman to sign double taxation agreement this month
Egypt and Qatar signed a similar agreement in February
19 ministries are moving to the new capital next week
The number of gov’t bodies working at the NAC will jump to 33 next week
EBRD to invest in RMBV’s USD 300 mn North Africa fund
The USD 300 mn fund will pour investments in companies in Egypt, Morocco, and Tunisia
Alexbank secures USD 15 mn from EIB for green on-lending
The funding comes as part of the Green Economy Financing Facility
Egypt Education Platform + Modon to launch new school in Alex in 2025. PLUS: News from Banque Misr, MaxAB, Kandil Steel, Qardy, NOSCO, Mastercard and Skoda
Construction on the school will start next year.
Proparco commits USD 5 mn to Disruptech. PLUS: Cairo hosts counterterror forum.
Disruptech has so far invested 40% of its capital in tech startups
Al Kharafi + Samcrete awarded EUR 60 mn in contracts for new water infrastructure in Fayoum. PLUS: Cheaper wheat, better mobile networks, O West deliveries
The companies will build a new wastewater treatment plant and sewage networks under EBRD-backed program
More EBRD finance in the works for Banque Misr
The finance would be on-lent to Egyptian MSMEs
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